Investor Presentaiton

Increasing Quarterly Dividend In Line with EPS Growth Quarterly dividend expected to increase to $0.24 per share subject to Board Approval (Dividends per share) 7% Growth $0.24 $0.225 ppl Dividend (1) • Expected quarterly dividend increase to $0.24 per share from $0.225 per share, in line with growth from 2022 pro forma earnings forecast (¹) Dividend growth projected to continue to grow in line with projected earnings growth Targeted dividend payout of 60% - 65% January 3, 2023 Dividend April 1, 2023 (1) Subject to Board of Directors approval. 14

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